NEW DELHI: To push China like infrastructure development and financial growth, India will need Rs 845-880 lakh crore investment between 2023 and 2047, according to an estimate presented to the Council of Ministers this week.
It has recommended the roadmap for augmenting key infrastructures to meet future need by setting the target to increase highway length by 1.6 times, port capacity by four times and doubling the railway network, including the laying of 20,000 km elevated tracks and 4,500 km bullet train corridors in the next 24 years. There is also the plan to take the number of Vande Bharat trains to 4,500 and fitting of Kavach, the indigenous anti-collision system, in all trains.